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Pfandbriefe
PfandbriefeA type of bond issued by German mortgage banks that is collateralized by long-term assets used. RELATED TERMS-------------------------------------- Type The classification of an option contract as either a put or a call. Bond Certificate, stating that the issuer is committing himself to repay the loan, including interest and other payments, to the holder. Mortgage A loan, usually to buy property, which serves as security for the loan; to take out a loan with a property as security. Long-term Three or more years. In the context of accounting, more than 1 year. SIMILAR TERMS-------------------------------------- PREVIOUS AND NEXT TERMS-------------------------------------- Personal tax view (of capital structure) The argument that the difference in personal tax rates between income from debt and income from equity eliminates the disadvantage of the double taxation (corporate and personal) of income from equity. Personal trust An interest in an asset held by a trustee for the benefit of another person. Personal use property A type of property that an individual does not use for business purposes or hold as an investment. Petrodollars Dollar deposits in the banking system coming from rich, oil-producing nations. Petty cash The small amount of cash and coins that an organization uses for minor purchases and providing change to customers. Pfandbriefe Phantom income Income from a limited partnership that creates taxability without generating cash flow. Phantom Stock Award A type of incentive grant in which the recipient is not issued actual shares of stock on the grant date but receives an account credited with a certain number of hypothetical shares. Phantom stock plan An incentive scheme that awards management bonuses based on increases in the market price of the company's stock. Phase space A graph which shows all possible states of a system. In phase space we plot the value of a variable against possible values of the other variables at the same time. Philadelphia Board of Trade (PBOT) A subsidiary of the Philadelphia Stock Exchange that trades currency futures. We thank you for using the Financial Dictionary to search for Pfandbriefe. If you have a better definition for Pfandbriefe than the one presented here, please let us know by making use of the suggest a term option. This definition of Pfandbriefe may be disputed by other professionals. Our attempt is to provide easy definitions on Pfandbriefe and any other medical topic for the public at large.
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